Nexgel Debt-to-Equity Ratio Growth & History (NXGL)
Nexgel's debt-to-equity ratio was 0.69 for fiscal 2025.
View full Nexgel company overviewNexgel annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.69 | 0.20 | +41.00% |
| 2024 | 2024-12-31 | 0.49 | −0.10 | −17.57% |
| 2023 | 2023-12-31 | 0.60 | 0.32 | +118.40% |
| 2022 | 2022-12-31 | 0.27 | −0.06 | −17.35% |
| 2021 | 2021-12-31 | 0.33 | −27.98 | −98.83% |
| 2020 | 2020-12-31 | 28.31 | 25.75 | +1005.63% |
| 2019 | 2019-12-31 | 2.56 | 2.56 | — |
| 2018 | 2018-12-31 | 0.00 | — | — |
Nexgel quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.40 | 0.83 | +146.11% |
| Q1 2026 | 2026-03-31 | 0.74 | 0.22 | +41.46% |
| Q4 2025 | 2025-12-31 | 0.69 | 0.20 | +41.00% |
| Q3 2025 | 2025-09-30 | 0.62 | −0.08 | −11.45% |
| Q2 2025 | 2025-06-30 | 0.57 | −0.15 | −20.92% |
| Q1 2025 | 2025-03-31 | 0.53 | −0.12 | −17.96% |
| Q4 2024 | 2024-12-31 | 0.49 | −0.10 | −17.57% |
| Q3 2024 | 2024-09-30 | 0.70 | 0.28 | +66.77% |
| Q2 2024 | 2024-06-30 | 0.72 | 0.34 | +90.59% |
| Q1 2024 | 2024-03-31 | 0.64 | 0.29 | +84.82% |
| Q4 2023 | 2023-12-31 | 0.60 | 0.32 | +118.40% |
| Q3 2023 | 2023-09-30 | 0.42 | 0.19 | +86.26% |
| Q2 2023 | 2023-06-30 | 0.38 | 0.04 | +13.14% |
| Q1 2023 | 2023-03-31 | 0.35 | 0.07 | +27.39% |
| Q4 2022 | 2022-12-31 | 0.27 | −0.06 | −17.35% |
| Q3 2022 | 2022-09-30 | 0.22 | −6.28 | −96.56% |
| Q2 2022 | 2022-06-30 | 0.33 | −9.06 | −96.45% |
| Q1 2022 | 2022-03-31 | 0.27 | −0.59 | −68.57% |
| Q4 2021 | 2021-12-31 | 0.33 | −27.98 | −98.83% |
| Q3 2021 | 2021-09-30 | 6.51 | 4.28 | +191.86% |
| Q2 2021 | 2021-06-30 | 9.39 | 7.44 | +380.53% |
| Q1 2021 | 2021-03-31 | 0.87 | −0.83 | −48.94% |
| Q4 2020 | 2020-12-31 | 28.31 | 25.75 | +1005.63% |
| Q3 2020 | 2020-09-30 | 2.23 | −2.79 | −55.54% |
| Q2 2020 | 2020-06-30 | 1.95 | — | — |
| Q1 2020 | 2020-03-31 | 1.70 | — | — |
| Q4 2019 | 2019-12-31 | 2.56 | 2.56 | — |
| Q3 2019 | 2019-09-30 | 5.02 | — | — |
| Q4 2018 | 2018-12-31 | 0.00 | — | — |
Nexgel debt-to-equity ratio trends
Over the last five fiscal years, Nexgel's debt-to-equity ratio decreased from 28.31 to 0.69, a change of −27.62. The latest reported quarter, Q2 2026, shows 1.40.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Nexgel source filings ↗